$NASDAQ:ILMN - analysis of annual cot levels

ILMN

Please remember that this idea does not constitute investment advice.

After a personal analysis of the institutional value of the COT, buy and sell program levels are outlined. Since the asset is at its minimum, the idea is to wait for the price to head inside the buy program, wait for a swing to form in the direction of the target level (the first sell program) and open the trade at the break of this. The position is medium-term (from 1-2 weeks to 1-2 months); without financial leverage and the maximum profit area is that outlined by the sell program. Personally I do not use stop loss as the trade does not involve the use of financial leverage, however if a level for the stop loss were to be identified, this would be below the buy program.
For any clearly ask me.